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American Entrepreneur Triggers Egyptian Economic Growth

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    Three young entrepreneurs behind Egypt's largest mobile application provider spend time with CEO of iContact

  • Duration 4:30
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-- a pleasure being kind on sat five Mohamed for -- co-founder of is it -- Me lead the school.

Oh my again denounced the use of falling really you say it and I'm so I don't -- that Saddam -- And Ryan Allison is CN I contact -- -- I got battening down.

So dynamic to Begin with you and tell us and give the out it's a bit of a -- that the background here how you two met and then look at T.

So I contact us at 300 employees social media -- you know marketing company in North Carolina.

And in -- -- had after team did participate in the US State Department program to go to Cairo Egypt.

To mentor twenty companies that were there as part of the next gen IT boot camp.

And half -- OK and then did you two meet and then off we met as a coming up that.

Well these are one of the four winners -- back.

And their application is a -- on mobile -- for helping you solve the problem too much traffic.

And down there one of the winners and it just intern for the last two weeks of my company contact North Carolina.

So excited to -- how was this a great opportunity and how did you hear about this opportunity.

And then you know get involved -- then your big winner.

Actually first thing happened two ends of the which is a technology innovation and in definition attempt didn't Cano and owns -- the competition.

There was twenty teams stuff the themes.

Then got the chance to minute -- mental shape of suits have been loyalists had missed the US independence from her this is going to happen this is.

-- -- -- -- -- -- I guess he heard about making me wanna see you back and can be a part of it now tell us about your company and why it's unique and it caught the attention and the -- is a moment education.

Who had been more than hundreds thousands -- -- -- this.

Navigates it was a big fields of -- And it's not police that -- -- K you don't.

It is scalable and Andy can be applied to many -- cities and -- it.

And we're taking a look right now at the at the home page there on the screen stuff.

How did you develop this seven you know -- this idea and I tell us you know what the Genesis of that last mile high school founders.

When we'll have -- on the Nike marketing and advertising.

And their own family.

Unless some nice yes so something I think when I knew that cannot put an IDA started talking about her how to continue my cousin -- -- -- -- and let them.

I you know fascism is and then he who found that from him and he it looks across the floor as a local phone -- -- gunmen land and so fun to hit and -- -- Libya let's clean them.

So you guys work together your base and now what are the opportunities that might be coming forward for you to expand -- he said that it is scalable that it can.

Work in any you know major metropolitan city and so what spend the next step to kind of making that happen.

And next step is get things that I funding and that I thought that.

Four look at what moves in mixed -- in -- Countries in Louisiana.

Enough because like -- the end Kenya and as -- -- -- cities lose.

But the problems okay so now how does he go about doing that and you know what's -- traction and with your company's and then yeah.

Mohammed and his team have been up here in New York City this week raising venture capital and are -- to raise it from Angel investors and seed stage series a -- investors and then they're going out to Silicon Valley next week.

To see if they -- better term sheet to invest in their company and help -- scale.

And do you help them with that -- -- you know making contacts are doing that kind of thing I absolutely have done my best they've.

Spent the last two weeks.

Getting an inside toward an inside view of eye contact and all the different operations from sales marketing to supporter.

And their learning how we've raised venture capital.

Okay so you're able to help you know companies and so it was amazing because when you need is you need to have that kind of connection right for someone to notice you need to be able that.

Getting the help so that you can get to the next step is you get the best that you know application.

Program in the world that if you can't get it out there.

To that you know to the market to the consumers that people who want -- You know purchased it then you know what do you do feel like -- how to people find out about your company to be able to -- and win a contest.

But one of the things we've been.

Training with the team on his how to generate revenue they have a 100000 users now -- And the right at the point where the ready to monetize the application and get advertising.

So they just partnered with Vodafone in Egypt to help and start generating their first investment in the first revenue dollars.

And that's they say -- also stepped do you file once that seven you get somebody like a Vodafone involved and they can you know go -- -- and then by the -- what about the US market.

Yeah I think there's tremendous opportunity to -- let me get out of traffic here is though is emerging markets like -- get --